Finance officer

Alternative titles for this job include Financial officer, finance clerk, treasurer

Finance officers help to manage the finances of an organisation by keeping track of its income and controlling its spending.

Average salary (a year)

£18,500 Starter

to

£40,000 Experienced

Typical hours (a week)

37 to 39 a week

You could work

between 8am and 6pm

How to become a finance officer

You can get into this job through:

  • a university course
  • a college course
  • an apprenticeship
  • working towards this role
  • applying directly

University

Some employers may ask for a relevant degree in a subject like:

  • finance
  • accounting
  • business studies

Entry requirements

You'll usually need:

  • 2 to 3 A levels for a degree

More information

College

You may find it useful to do a college course, which could help you get a trainee job with a financial firm. Courses inlcude:

  • Level 2 Certificate in Bookkeeping
  • Level 2 Certificate in Accounting
  • Level 3 Certificate in Financial Studies

Entry requirements

Entry requirements for these courses vary.

More information

Apprenticeship

You can get into this job through an assistant accountant advanced apprenticeship. 

Entry requirements

You'll usually need:

  • 5 GCSEs at grades 9 to 4 (A* to C), usually including English and maths, for an advanced apprenticeship

More information

Work

You could start out as a finance assistant or accounts assistant and then work your way into this role after getting experience. 

Direct application

If you want to apply directly for jobs you’ll usually need GCSEs, including maths and English.

A levels in maths, business studies or economics may also be useful.

More information

Further information

You can find out more about careers in finance from The London Institute of Banking and Finance.

What it takes

Skills and knowledge

You'll need:

  • knowledge of economics and accounting
  • business management skills
  • maths knowledge
  • analytical thinking skills
  • financial management skills
  • leadership skills
  • the ability to use your initiative
  • to be thorough and pay attention to detail
  • being able to use a computer terminal or hand-held device may be beneficial for this job.

What you'll do

Day-to-day tasks

Your day-to-day duties could include: 

  • recording financial transactions on computer systems
  • producing financial forecasts
  • dealing with payroll, invoices, expenses and VAT
  • carrying out financial audits
  • creating monthly, quarterly and annual budget reports
  • presenting report findings to finance managers

Working environment

You could work in an office.

Career path and progression

With experience, you could become a senior finance officer or finance manager, or train to become an accountant.

Training opportunities

Apprenticeships In England

Accounts Apprentice

  • Wage : £13,000.00 Annually
  • Location: Tamworth B77 4DS

AAT Apprentice Accountant - September Start!

  • Wage : Competitive salary
  • Location: Redhill RH1 1DL

Courses In England

L2 HABC Diploma In Business Administration

  • Provider: Lambeth College
  • Start date: 21 May 2019
  • Location: London

VTCT Level 2 Diploma in Business Administration (QCF)

  • Provider: L&F INSPIRED HAIR ACADEMY LIMITED
  • Start date: 01 April 2019
  • Location: Highbridge

Get help using this service

Call 0800 100 900 or use webchat

8am to 10pm, 7 days a week

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